Financial Services: Industry Comment

July 2010
MarketWatch: Global Round-up;Jul2010, Vol. 9 Issue 7, p126
Market Research Report
Market Research Report
In this article the author discusses the management strategy used by the financial industry to overcome the global recession. The government has supported the financial industry to survive recession by implementing tax breaks, creation of government policy to protect people's income, and creation of free national financial advice service. Moreover, Royal Bank of Scotland (RBS) has practiced the lay off system to reduce the operational expenses of the firm.


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